Category: News Site

German Handelsblatt: Alliance for battery technology: Daimler Truck is investing in machine builder Manz – the share gains almost 13 percent004357

Daimler trucks The world market leader for heavy trucks wants to develop an electric truck platform by the end of 2024. (Photo: dpa) Daimler Truck takes a stake of around ten percent in the mechanical engineering company Manz to set up a production facility for batteries for electric trucks. As part of a capital increase,… Continue reading German Handelsblatt: Alliance for battery technology: Daimler Truck is investing in machine builder Manz – the share gains almost 13 percent004357

How to build fast without burning out: 6 tips from Target’s SVP of Product Engineering

When the pandemic took hold in the US, every retailer had to move quickly to adjust to a completely new reality — one that came with an intense new focus on digital operations. Target was one of those companies that rose to the challenge, quickly rolling out new features for its employees and customers at… Continue reading How to build fast without burning out: 6 tips from Target’s SVP of Product Engineering

Misinformation needs tackling and it would help if politicians stopped muddying the water

Written by Chris Duckett, APAC Editor Chris Duckett APAC Editor Chris started his journalistic adventure in 2006 as the Editor of Builder AU after originally joining CBS as a programmer. After a Canadian sojourn, he returned in 2011 as the Editor of TechRepublic Australia, and is now the Australian Editor of ZDNet. Full Bio Image:… Continue reading Misinformation needs tackling and it would help if politicians stopped muddying the water

Tesla Model Y caught on fire while driving; driver claimed to have to break window to get out

An almost brand-new Tesla Model Y caught on fire after powering down while driving. The driver claimed to be stuck inside the car and had to break the window to get out. It serves as a good reminder to know and remember that all doors in Tesla vehicles have manual releases. The incident happened last… Continue reading Tesla Model Y caught on fire while driving; driver claimed to have to break window to get out

Mirae Asset invests $15m as Singapore’s NextBillion.ai raises $21m in Series B …

Singapore-based NextBillion.ai on Monday announced it has raised $21 million in a Series B funding round led by global investment firm Mirae Asset Capital. The financing was joined by Lightspeed India, Microsoft’s venture fund M12, and Alpha Wave Global. The Series B comprises $18.75 million in equity funding, show NextBillion.ai’s filings with Singapore’s Accounting and… Continue reading Mirae Asset invests $15m as Singapore’s NextBillion.ai raises $21m in Series B …

China’s Jinke Smart Services halts trading ahead of M&A announcement

Chinese property management firm Jinke Smart Services Group Co said on Monday its Hong Kong-listed shares were halted from trading pending an announcement related to mergers and acquisitions. The trading halt followed reports last week that parent company Jinke Property Group – China’s 21st largest developer by sales – might not be able to refinance… Continue reading China’s Jinke Smart Services halts trading ahead of M&A announcement

German Manager Magazin: Troubled car supplier: Leoni wants to raise 50 million euros on the capital market001801

The auto supplier Leoni needs about 50 million euros and wants to tap the capital market for it. As the Nuremberg company announced ad hoc on Sunday, the issue of new shares or a convertible bond is being examined in order to redeem the hoped-for sum. According to Leoni, the possible equity measure is part… Continue reading German Manager Magazin: Troubled car supplier: Leoni wants to raise 50 million euros on the capital market001801

Natural Battery launches specialised Lithium Iron Phosphate batteries

Lithium-ion battery maker, Natural Battery Technologies announced the launch of automotive safe batteries through using Lithium Iron Phosphate (LFP), Advanced Cell Chemistry Carbon based battery for electric vehicles and Inverter Lithium Batteries for home and commercial use. Natural Battery claims that LFP batteries lasts upto 5 times longer than a standard lead acid battery. This will… Continue reading Natural Battery launches specialised Lithium Iron Phosphate batteries

Tata Motors partners Tata Power for roof top solar plant

Tata Motors is committed to using renewable energy in is operations Tata Power and Tata Motors have joined hands for the development of a 7 MWp solar rooftop project at Tata Motors’ Passenger Vehicle Plant in Chikhali, Pune. This is the third phase of a joint 17 MWp on-site solar project developed by the two… Continue reading Tata Motors partners Tata Power for roof top solar plant